New YouHodler’s “Dual Assets” - For Easy and Simple Staking

YouHodler recently launched Dual Assets, a DeFi product that combines high-yielding DeFi techniques with the simplistic nature of TradFi platforms. Dual Assets promises better risk management and higher returns.
Dot
August 28, 2022
Chiagoziem Bede Ikwueze

Chiagoziem has gathered a wealth of experience, having worked for many prominent crypto-based businesses, including Revain, Whiteboard Crypto, DeRev, The Crypto Cartel, Crypto News, MoneySwitch, Full Value Dan, and Bitcompare. Over the past couple of years, his works have been featured in many publications and places. When he is not writing, he spends time working on his other digital businesses, playing video games, reading books, watching movies, and most importantly, enjoying quality time with loved ones.

TABLE OF CONTENTS

YouHodler is announcing Dual Assets - a new yield generation product - as part of its continuous effort to connect the disparate worlds of conventional finance and cryptocurrency.

This innovative DeFi product combines high-yield returns techniques from decentralized finance (DeFi) with the simplistic nature of traditional financial platforms. Consequently, everyone can benefit from a simplified digital asset management product that offers up to 365% returns. 

What Is YouHodler Dual Assets?

The eponymous Dual Assets incorporates two digital assets - a cryptocurrency asset and a stablecoin. The product allows both the crypto investor and the YouHodler market to receive a higher yield by predicting the asset's future price potential. 

If you are a crypto holder who wishes for better risk management than traditional methods while also earning higher returns, then Dual Assets is the perfect DeFi product for you.

How Does YouHodler Dual Assets Work? 

First, you need to open Dual Assets. To do this, you need to follow these steps: 

  1. Open your YouHodler account and click on the Dual tab. 
  2. Click the “Start Now” button.
  3. Select a Dual asset currency pair.
  4. Select one of two options for the input coin (E.g., for the BTC/USDT pair, you can choose between USDT and BTC) depending on your wallet balance.
  5. Select a plan from among the three available options.
  6. Check the box below to accept the Dual Service Agreement and click "Start Now." 
  7. That’s it! You’ve opened your Dual order. 

Let’s give an example. Let’s assume you chose the 1-day UNI/USDT staking plan with a 365% APR. Then, you follow the steps below;

Step 1: Select the UNI/USDT pair from the assets list.

Step 2: Stake with 1 UNI (or the equivalent amount in USDT) as the input coin.

Step 3: Select the 1-day staking plan with 365% APR. 

Step 4: Click the "Start Now" button.

YouHodler then allocates the range of the annual yield in UNI based on the initial price and duration. When your plan expires, e.g., after 24 hours, it compares the final price of your crypto with the initial. This evaluation dictates whether you are paid out in UNI or USDT

  • If the UNI price is the same or lands above the initial amount used to start your Dual plan, you earn back your initial amount and the additional 365% yield in USDT, calculated for one day. 
  • If the UNI price lands below the initial amount you used to open your order, you will receive the payout of your initial amount in UNI plus a yield bonus of 365% APR on your payment. 

Regardless of market volatility, you earn a payout in ETH or USDT. Therefore, it is a win-win solution. 

Extra Tip!

Activating your crypto with a Dual Asset deal extends your wallet’s passive savings for a week. Now, say you have $5,000 in your wallet and use the Dual Assets feature; your wallet’s limit will extend twice. 

Therefore, your wallet’s savings limit will increase by an extra $5,000 at the beginning of the deal and by another $5,000 at the end, for a week. Afterward, your savings limit returns to its original value. 

Benefits Of Dual Assets Over Traditional “Hodling” Techniques

Dual Asset has more benefits than traditional “hodling” techniques for different reasons ranging from ease of use to higher interest rates. These reasons include:

  1. “Activating” Your Cryptocurrency With Dual Assets Yields Higher Interest Rates

Holding a particular cryptocurrency in a hardware wallet yields 0% interest, except its price naturally increases in the market. However, when you "activate" your cryptocurrency on YouHodler, you enjoy double benefits, from its natural price growth and the increased interest from the Dual Assets product. 

  1. You Earn Interests Regardless Of Market Volatility 

You can only profit from HODLing in a bull market. On the other hand, Dual Assets allows you to earn positive yields in any market conditions. The only loss is when you receive a lesser profit due to a sudden increase in the price of your cryptocurrency while your Dual Assets plan is still ongoing. 

Of course, all this hinges on the linked price you selected at the start and the duration of your deal.

  1. It’s Simple To Use

One must complete several steps to earn comparable percentage yields on conventional DeFi protocols. For example, you must go through rigorous steps before you can generate yields in a liquidity pool or a Defi protocol when using the Metamask wallet. 

However, with YouHodler's Dual Assets, you only need to deposit crypto into your YouHodler wallet and create a deal using the Dual Assets feature. It’s quite straightforward and similar to DeFi but much simpler and faster. 

  1. Dual Assets Has A Lesser Risk Than Other DeFi Protocols

When you deposit funds into a DeFi protocol to generate yields, you put a considerable amount of your trust in them. Most often, it is an anonymous online organization. Though these protocols frequently promise double or triple returns, the lack of trust and security is worrisome.

However, all your transactions are 100% secure on YouHodler. The company follows all the industry best practices for IT security checks, data protection, access rights, and data encryption. YouHodler is also an active member of the Blockchain Association Financial Commission. 

  1. Easier Access To Conventional Products Of Wealth Management For Everyone 

Inspired by the conventional ways of wealth creation and management, YouHodler now aims to bring it to crypto users worldwide. Therefore, anyone can now take full advantage of these profitable strategies previously available to only a few individuals.

  1. You Enjoy More Flexibility And Better Risk Management 

The Dual Assets product features short-term plans of one to five days. Therefore, you enjoy more flexibility while investing with your cryptocurrency with more efficient risk management. 

Dual Assets - Frequently Asked Questions 

Since Dual Asset is still new in the market, we've tried to provide answers to what might be the most asked questions. However, for more questions that are not available below, simply reach out to the company’s Help Desk or contact the Customer Success Team. 

What Risks Are Involved In Using Dual Assets? 

Dual Assets provides a win-win solution for everyone investing in DeFi. It offers you your initial investment plus some yield regardless of the value of your chosen assets. Consequently, the risk is not about a loss in generating yield. Instead, it is about earning a lesser profit compared to the highest potential gain. 

For example, the higher your linked price, the more subtle your profits will be. On the other hand, lower-linked prices are riskier but yield higher profits. Also, longer plans incur more risk due to a greater possibility of loss. 

How Does YouHodler Yield Such High Returns? 

The cryptocurrency market is always volatile. However, with this volatility and the volume of the exchange’s transactions, YouHodler can continuously provide you with these rates and still maintain efficient liquidity. 

YouHodler exchange grows with greater market volatility. Therefore, the yield they offer you increases with more volatility. Also, YouHodler does not provide floating interest rates during the deal. Instead, they fix the rates from beginning to end to ensure long-term viability.

How Does YouHodler Sustain The Dual Assets Interest Rates?

YouHodler locks in the initial linked price since it determines the profit percentage. This allows the platform to continuously offer a guaranteed interest rate based on this initial linked price.

However, note that while YouHodler guarantees profits, the amount depends on multiple factors, such as market volatility, your chosen linked price, and the length of your plan.

Is It Safe To Use Dual Assets? 

Unlike some DeFi platforms that stake client funds in unauthorized staking pools or for risky leverage maneuvers, YouHodler keeps all client funds. The company will never squander nor leverage your funds. YouHodler only carries out authorized client orders on a case-by-case basis. 

Also, the company will never lock in your funds in Dual Assets for a period that exceeds the plan duration (1-5 days). Afterward, you can freely withdraw your asset at any time. 

Finally, YouHodler protects all its features using industry-leading security tools. The internal security team works tirelessly to ensure they provide advanced security features like 2FA, 3FA, biometric security, e.t.c. YouHodler’s external teams also conduct routine audits on the platform to efficiently cover any visible flaws.

When Can I Assess Dual Assets Features? 

Right now! Visit the YouHodler website today to log in or signup for your YouHodler account.

We're glad you read to this point!

Every week, we publish an email newsletter highlighting all the juicy stories we covered in the crypto space, bringing all the major happenings to your doorstep.

So, if you want to have top stories delivered to your email inbox every week, subscribe to our newsletter!

New YouHodler’s “Dual Assets” - For Easy and Simple Staking

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Contents

YouHodler is announcing Dual Assets - a new yield generation product - as part of its continuous effort to connect the disparate worlds of conventional finance and cryptocurrency.

This innovative DeFi product combines high-yield returns techniques from decentralized finance (DeFi) with the simplistic nature of traditional financial platforms. Consequently, everyone can benefit from a simplified digital asset management product that offers up to 365% returns. 

What Is YouHodler Dual Assets?

The eponymous Dual Assets incorporates two digital assets - a cryptocurrency asset and a stablecoin. The product allows both the crypto investor and the YouHodler market to receive a higher yield by predicting the asset's future price potential. 

If you are a crypto holder who wishes for better risk management than traditional methods while also earning higher returns, then Dual Assets is the perfect DeFi product for you.

How Does YouHodler Dual Assets Work? 

First, you need to open Dual Assets. To do this, you need to follow these steps: 

  1. Open your YouHodler account and click on the Dual tab. 
  2. Click the “Start Now” button.
  3. Select a Dual asset currency pair.
  4. Select one of two options for the input coin (E.g., for the BTC/USDT pair, you can choose between USDT and BTC) depending on your wallet balance.
  5. Select a plan from among the three available options.
  6. Check the box below to accept the Dual Service Agreement and click "Start Now." 
  7. That’s it! You’ve opened your Dual order. 

Let’s give an example. Let’s assume you chose the 1-day UNI/USDT staking plan with a 365% APR. Then, you follow the steps below;

Step 1: Select the UNI/USDT pair from the assets list.

Step 2: Stake with 1 UNI (or the equivalent amount in USDT) as the input coin.

Step 3: Select the 1-day staking plan with 365% APR. 

Step 4: Click the "Start Now" button.

YouHodler then allocates the range of the annual yield in UNI based on the initial price and duration. When your plan expires, e.g., after 24 hours, it compares the final price of your crypto with the initial. This evaluation dictates whether you are paid out in UNI or USDT

  • If the UNI price is the same or lands above the initial amount used to start your Dual plan, you earn back your initial amount and the additional 365% yield in USDT, calculated for one day. 
  • If the UNI price lands below the initial amount you used to open your order, you will receive the payout of your initial amount in UNI plus a yield bonus of 365% APR on your payment. 

Regardless of market volatility, you earn a payout in ETH or USDT. Therefore, it is a win-win solution. 

Extra Tip!

Activating your crypto with a Dual Asset deal extends your wallet’s passive savings for a week. Now, say you have $5,000 in your wallet and use the Dual Assets feature; your wallet’s limit will extend twice. 

Therefore, your wallet’s savings limit will increase by an extra $5,000 at the beginning of the deal and by another $5,000 at the end, for a week. Afterward, your savings limit returns to its original value. 

Benefits Of Dual Assets Over Traditional “Hodling” Techniques

Dual Asset has more benefits than traditional “hodling” techniques for different reasons ranging from ease of use to higher interest rates. These reasons include:

  1. “Activating” Your Cryptocurrency With Dual Assets Yields Higher Interest Rates

Holding a particular cryptocurrency in a hardware wallet yields 0% interest, except its price naturally increases in the market. However, when you "activate" your cryptocurrency on YouHodler, you enjoy double benefits, from its natural price growth and the increased interest from the Dual Assets product. 

  1. You Earn Interests Regardless Of Market Volatility 

You can only profit from HODLing in a bull market. On the other hand, Dual Assets allows you to earn positive yields in any market conditions. The only loss is when you receive a lesser profit due to a sudden increase in the price of your cryptocurrency while your Dual Assets plan is still ongoing. 

Of course, all this hinges on the linked price you selected at the start and the duration of your deal.

  1. It’s Simple To Use

One must complete several steps to earn comparable percentage yields on conventional DeFi protocols. For example, you must go through rigorous steps before you can generate yields in a liquidity pool or a Defi protocol when using the Metamask wallet. 

However, with YouHodler's Dual Assets, you only need to deposit crypto into your YouHodler wallet and create a deal using the Dual Assets feature. It’s quite straightforward and similar to DeFi but much simpler and faster. 

  1. Dual Assets Has A Lesser Risk Than Other DeFi Protocols

When you deposit funds into a DeFi protocol to generate yields, you put a considerable amount of your trust in them. Most often, it is an anonymous online organization. Though these protocols frequently promise double or triple returns, the lack of trust and security is worrisome.

However, all your transactions are 100% secure on YouHodler. The company follows all the industry best practices for IT security checks, data protection, access rights, and data encryption. YouHodler is also an active member of the Blockchain Association Financial Commission. 

  1. Easier Access To Conventional Products Of Wealth Management For Everyone 

Inspired by the conventional ways of wealth creation and management, YouHodler now aims to bring it to crypto users worldwide. Therefore, anyone can now take full advantage of these profitable strategies previously available to only a few individuals.

  1. You Enjoy More Flexibility And Better Risk Management 

The Dual Assets product features short-term plans of one to five days. Therefore, you enjoy more flexibility while investing with your cryptocurrency with more efficient risk management. 

Dual Assets - Frequently Asked Questions 

Since Dual Asset is still new in the market, we've tried to provide answers to what might be the most asked questions. However, for more questions that are not available below, simply reach out to the company’s Help Desk or contact the Customer Success Team. 

What Risks Are Involved In Using Dual Assets? 

Dual Assets provides a win-win solution for everyone investing in DeFi. It offers you your initial investment plus some yield regardless of the value of your chosen assets. Consequently, the risk is not about a loss in generating yield. Instead, it is about earning a lesser profit compared to the highest potential gain. 

For example, the higher your linked price, the more subtle your profits will be. On the other hand, lower-linked prices are riskier but yield higher profits. Also, longer plans incur more risk due to a greater possibility of loss. 

How Does YouHodler Yield Such High Returns? 

The cryptocurrency market is always volatile. However, with this volatility and the volume of the exchange’s transactions, YouHodler can continuously provide you with these rates and still maintain efficient liquidity. 

YouHodler exchange grows with greater market volatility. Therefore, the yield they offer you increases with more volatility. Also, YouHodler does not provide floating interest rates during the deal. Instead, they fix the rates from beginning to end to ensure long-term viability.

How Does YouHodler Sustain The Dual Assets Interest Rates?

YouHodler locks in the initial linked price since it determines the profit percentage. This allows the platform to continuously offer a guaranteed interest rate based on this initial linked price.

However, note that while YouHodler guarantees profits, the amount depends on multiple factors, such as market volatility, your chosen linked price, and the length of your plan.

Is It Safe To Use Dual Assets? 

Unlike some DeFi platforms that stake client funds in unauthorized staking pools or for risky leverage maneuvers, YouHodler keeps all client funds. The company will never squander nor leverage your funds. YouHodler only carries out authorized client orders on a case-by-case basis. 

Also, the company will never lock in your funds in Dual Assets for a period that exceeds the plan duration (1-5 days). Afterward, you can freely withdraw your asset at any time. 

Finally, YouHodler protects all its features using industry-leading security tools. The internal security team works tirelessly to ensure they provide advanced security features like 2FA, 3FA, biometric security, e.t.c. YouHodler’s external teams also conduct routine audits on the platform to efficiently cover any visible flaws.

When Can I Assess Dual Assets Features? 

Right now! Visit the YouHodler website today to log in or signup for your YouHodler account.

We're glad you read to this point!

Every week, we publish an email newsletter highlighting all the juicy stories we covered in the crypto space, bringing all the major happenings to your doorstep.

So, if you want to have top stories delivered to your email inbox every week, subscribe to our newsletter!

Chiagoziem Bede Ikwueze

Chiagoziem has gathered a wealth of experience, having worked for many prominent crypto-based businesses, including Revain, Whiteboard Crypto, DeRev, The Crypto Cartel, Crypto News, MoneySwitch, Full Value Dan, and Bitcompare. Over the past couple of years, his works have been featured in many publications and places. When he is not writing, he spends time working on his other digital businesses, playing video games, reading books, watching movies, and most importantly, enjoying quality time with loved ones.

YouHodler is announcing Dual Assets - a new yield generation product - as part of its continuous effort to connect the disparate worlds of conventional finance and cryptocurrency.

This innovative DeFi product combines high-yield returns techniques from decentralized finance (DeFi) with the simplistic nature of traditional financial platforms. Consequently, everyone can benefit from a simplified digital asset management product that offers up to 365% returns. 

What Is YouHodler Dual Assets?

The eponymous Dual Assets incorporates two digital assets - a cryptocurrency asset and a stablecoin. The product allows both the crypto investor and the YouHodler market to receive a higher yield by predicting the asset's future price potential. 

If you are a crypto holder who wishes for better risk management than traditional methods while also earning higher returns, then Dual Assets is the perfect DeFi product for you.

How Does YouHodler Dual Assets Work? 

First, you need to open Dual Assets. To do this, you need to follow these steps: 

  1. Open your YouHodler account and click on the Dual tab. 
  2. Click the “Start Now” button.
  3. Select a Dual asset currency pair.
  4. Select one of two options for the input coin (E.g., for the BTC/USDT pair, you can choose between USDT and BTC) depending on your wallet balance.
  5. Select a plan from among the three available options.
  6. Check the box below to accept the Dual Service Agreement and click "Start Now." 
  7. That’s it! You’ve opened your Dual order. 

Let’s give an example. Let’s assume you chose the 1-day UNI/USDT staking plan with a 365% APR. Then, you follow the steps below;

Step 1: Select the UNI/USDT pair from the assets list.

Step 2: Stake with 1 UNI (or the equivalent amount in USDT) as the input coin.

Step 3: Select the 1-day staking plan with 365% APR. 

Step 4: Click the "Start Now" button.

YouHodler then allocates the range of the annual yield in UNI based on the initial price and duration. When your plan expires, e.g., after 24 hours, it compares the final price of your crypto with the initial. This evaluation dictates whether you are paid out in UNI or USDT

  • If the UNI price is the same or lands above the initial amount used to start your Dual plan, you earn back your initial amount and the additional 365% yield in USDT, calculated for one day. 
  • If the UNI price lands below the initial amount you used to open your order, you will receive the payout of your initial amount in UNI plus a yield bonus of 365% APR on your payment. 

Regardless of market volatility, you earn a payout in ETH or USDT. Therefore, it is a win-win solution. 

Extra Tip!

Activating your crypto with a Dual Asset deal extends your wallet’s passive savings for a week. Now, say you have $5,000 in your wallet and use the Dual Assets feature; your wallet’s limit will extend twice. 

Therefore, your wallet’s savings limit will increase by an extra $5,000 at the beginning of the deal and by another $5,000 at the end, for a week. Afterward, your savings limit returns to its original value. 

Benefits Of Dual Assets Over Traditional “Hodling” Techniques

Dual Asset has more benefits than traditional “hodling” techniques for different reasons ranging from ease of use to higher interest rates. These reasons include:

  1. “Activating” Your Cryptocurrency With Dual Assets Yields Higher Interest Rates

Holding a particular cryptocurrency in a hardware wallet yields 0% interest, except its price naturally increases in the market. However, when you "activate" your cryptocurrency on YouHodler, you enjoy double benefits, from its natural price growth and the increased interest from the Dual Assets product. 

  1. You Earn Interests Regardless Of Market Volatility 

You can only profit from HODLing in a bull market. On the other hand, Dual Assets allows you to earn positive yields in any market conditions. The only loss is when you receive a lesser profit due to a sudden increase in the price of your cryptocurrency while your Dual Assets plan is still ongoing. 

Of course, all this hinges on the linked price you selected at the start and the duration of your deal.

  1. It’s Simple To Use

One must complete several steps to earn comparable percentage yields on conventional DeFi protocols. For example, you must go through rigorous steps before you can generate yields in a liquidity pool or a Defi protocol when using the Metamask wallet. 

However, with YouHodler's Dual Assets, you only need to deposit crypto into your YouHodler wallet and create a deal using the Dual Assets feature. It’s quite straightforward and similar to DeFi but much simpler and faster. 

  1. Dual Assets Has A Lesser Risk Than Other DeFi Protocols

When you deposit funds into a DeFi protocol to generate yields, you put a considerable amount of your trust in them. Most often, it is an anonymous online organization. Though these protocols frequently promise double or triple returns, the lack of trust and security is worrisome.

However, all your transactions are 100% secure on YouHodler. The company follows all the industry best practices for IT security checks, data protection, access rights, and data encryption. YouHodler is also an active member of the Blockchain Association Financial Commission. 

  1. Easier Access To Conventional Products Of Wealth Management For Everyone 

Inspired by the conventional ways of wealth creation and management, YouHodler now aims to bring it to crypto users worldwide. Therefore, anyone can now take full advantage of these profitable strategies previously available to only a few individuals.

  1. You Enjoy More Flexibility And Better Risk Management 

The Dual Assets product features short-term plans of one to five days. Therefore, you enjoy more flexibility while investing with your cryptocurrency with more efficient risk management. 

Dual Assets - Frequently Asked Questions 

Since Dual Asset is still new in the market, we've tried to provide answers to what might be the most asked questions. However, for more questions that are not available below, simply reach out to the company’s Help Desk or contact the Customer Success Team. 

What Risks Are Involved In Using Dual Assets? 

Dual Assets provides a win-win solution for everyone investing in DeFi. It offers you your initial investment plus some yield regardless of the value of your chosen assets. Consequently, the risk is not about a loss in generating yield. Instead, it is about earning a lesser profit compared to the highest potential gain. 

For example, the higher your linked price, the more subtle your profits will be. On the other hand, lower-linked prices are riskier but yield higher profits. Also, longer plans incur more risk due to a greater possibility of loss. 

How Does YouHodler Yield Such High Returns? 

The cryptocurrency market is always volatile. However, with this volatility and the volume of the exchange’s transactions, YouHodler can continuously provide you with these rates and still maintain efficient liquidity. 

YouHodler exchange grows with greater market volatility. Therefore, the yield they offer you increases with more volatility. Also, YouHodler does not provide floating interest rates during the deal. Instead, they fix the rates from beginning to end to ensure long-term viability.

How Does YouHodler Sustain The Dual Assets Interest Rates?

YouHodler locks in the initial linked price since it determines the profit percentage. This allows the platform to continuously offer a guaranteed interest rate based on this initial linked price.

However, note that while YouHodler guarantees profits, the amount depends on multiple factors, such as market volatility, your chosen linked price, and the length of your plan.

Is It Safe To Use Dual Assets? 

Unlike some DeFi platforms that stake client funds in unauthorized staking pools or for risky leverage maneuvers, YouHodler keeps all client funds. The company will never squander nor leverage your funds. YouHodler only carries out authorized client orders on a case-by-case basis. 

Also, the company will never lock in your funds in Dual Assets for a period that exceeds the plan duration (1-5 days). Afterward, you can freely withdraw your asset at any time. 

Finally, YouHodler protects all its features using industry-leading security tools. The internal security team works tirelessly to ensure they provide advanced security features like 2FA, 3FA, biometric security, e.t.c. YouHodler’s external teams also conduct routine audits on the platform to efficiently cover any visible flaws.

When Can I Assess Dual Assets Features? 

Right now! Visit the YouHodler website today to log in or signup for your YouHodler account.

We're glad you read to this point!

Every week, we publish an email newsletter highlighting all the juicy stories we covered in the crypto space, bringing all the major happenings to your doorstep.

So, if you want to have top stories delivered to your email inbox every week, subscribe to our newsletter!

Written by
Chiagoziem Bede Ikwueze